Member Login  |   Join Us  |  Resources  |  FAQs  |  News  |  Events  |  Contact Us  


  Search for a Solicitor Advocate

 contact@solicitoradvocates.org

Follow us   

 

General

Legal Writings Bill progresses 18/11/2014 Legislation that will make it easier and more efficient to complete contracts in Scots law has been supported by the Delegated Powers and Law Reform Committee.

Legal Writings Bill progresses

Legislation that will make it easier and more efficient to complete contracts in Scots law has been supported by the Scottish Parliamentary Delegated Powers and Law Reform Committee.

The Legal Writings (Counterparts and Delivery) (Scotland) Bill makes it clear that contracts can be executed in counterpart. This means each party to a contract can sign their own copy and then exchange it with the other parties as opposed to the current system, which requires a single document to be signed by all parties.

The Bill will also allow contracts to be delivered electronically, removing the need to physically post documents.

The Committee found that the challenges of the current system for concluding contracts have led to some contracts being concluded under other legal systems where execution in counterpart is used. The Bill, if passed, has the potential to encourage greater use of Scots Law.

“Whilst it may seem like a technical change, from the evidence we received, it was clear that it will make the process of agreeing contracts in Scots law one which has real scope to result in efficiencies and savings for businesses in Scotland,” said Convener of the Committee, Nigel Don MSP. “More generally the Bill should enhance the reputation of Scots law and encourage more contracts to be signed under Scots law.”
 

Find a Solicitor Advocate
Looking for a solicitor advocate to
represent you or your client?
Learn more
 
 

Sitemap  |  Privacy and legal  |  Accessibility  |  Cookies Policy  |  Terms and Conditions  |  Scam Alert

© Copyright 2012 The Society of Solicitor Advocates

Website by Red Towers (Scotland) Limited